BOQ

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www.boq.com.au ↗
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BOQ offers term deposits from 3-month to 3-year. Its highest current rate is 5.25% p.a. for a 1-year term, with interest paid at maturity and a $5k minimum deposit. Compare BOQ's current rates with the highest term deposit rates in Australia to see whether it is competitive right now.

Best available rate

5.25% p.a.

1-year term · At maturity · Min. $5k

This is one of BOQ's strongest current rates, but higher rates may be available across other lenders or terms.

Current Rates

Last updated 8 July 2026 Rates are sourced from publicly available bank data and updated regularly.

Compare BOQ against all current term deposit rates or browse by term: 3-month, 6-month, 1-year, 2-year, 3-year.

Term Rate p.a. Interest paid Min deposit Since
3mo 4.75% At maturity $5k 8 Jul 2026
See all 3-month rates →
6mo 5.05% At maturity $5k 8 Jul 2026
See all 6-month rates →
1yr 5.25% At maturity $5k 8 Jul 2026
See all 1-year rates →
2yr 2.00% At maturity $5k 6 Jul 2026
1.90% Monthly $5k 6 Jul 2026
See all 2-year rates →
3yr 2.00% At maturity $5k 6 Jul 2026
1.90% Monthly $5k 6 Jul 2026
See all 3-year rates →

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BOQ term deposit FAQs

What is BOQ's best term deposit rate?

BOQ's best current term deposit rate is 5.25% p.a. for a 1-year term, with interest paid at maturity. Compare this with all Australian banks →

What is BOQ's best 12-month term deposit rate?

BOQ's best current 12-month term deposit rate is 5.25% p.a., with interest paid at maturity. Compare 12-month rates across all banks →

What is the minimum deposit for a BOQ term deposit?

The lowest minimum deposit currently available for a BOQ term deposit is $5,000. Minimum deposits can vary by term length — check the rates table above for details.

Are BOQ's term deposit rates competitive right now?

BOQ's best current rate is 5.25% p.a. for a 1-year term. Compare this against the current leaders to see where it sits in the market: See the best term deposit rates in Australia →

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